Treasury Secretary Expresses Regret for Calling Inflation Transitory
"I do regret saying it was transitory."
"I do regret saying it was transitory."
Treasury Secretary Janet Yellen is being severely criticized for bowing multiple times to a Chinese official during her recent trip to Beijing. Yellen bowed at least three times during a ...
Florida Gov. Ron DeSantis told reporters precisely how he feels every member of the House and Senate who voted for the so-called Inflation Reduction Act of 2022 should be dealt ...
It's like the old tale of the frog who didn't notice he was being boiled in water because the temperature was being turned up slowly. Last year, President Joe Biden's ...
"So really, the shocks to the economy have continued, but inflation is the number one concern for President Biden."
Actually, fewer children create a problem for the economy on a variety of levels.
"Did you say that ending the life of a child is good for the labor force participation rate?"
Without food or energy prices, the consumer-price index rose 4.6% which was the highest rate since 1991.
"On a 12-month basis, the inflation rate will remain high into next year because of what's already happened."
“We have reached agreement to extend the debt ceiling through early December and it’s our hope we can get this done as soon as today."
"Biden's claim is false."
"We have tools to address it."
"Our tax revenues are already at their lowest level in a generation."
"This is just the start for us."
"I am urging our partners to continue a strong fiscal effort and avoid withdrawing support too early."
"I am confident that people will reach the other side of this pandemic with the foundations of their lives intact."
"We expect the resources here to really fuel a very strong economic recovery."
"The parts that are permanent, will be paid for in order to not raise long-term deficits."
"We've seen early data that suggest Black workers will be the last rehired when the economy opens back up."
"I think we know what those needs are and we need to act forcefully."